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Thursday, February 13, 2014

"How do you make a simple poster worth millions? Does it always have to depict a “throwback?”

Nobody’s sure about that, but the world record for most money paid for a poster belongs to a poster for Fritz Lang’s 1927 sci-fi film “Metropolis.” Although widely criticized during its time, the movie— largely about the adventures of the son of a ruthless elitist in a wealth-dominated future society— soon became a cultural heritage with all but five percent of the original film restored.

In 2012, a collector holding onto one of four existing copies of the original Metropolis posters put it up for sale to alleviate his money woes. The initial appraisal pegged the poster at $250,000; but a few months later, its value shot up to three times the amount: $850,000. Finally, another collector bought the poster, along with other posters, for a staggering $1.2 million.

Tuesday, February 11, 2014

"Meet Chen Guangbiao: China’s moral leader, earthquake rescue hero, prominent philanthropist, environmental preservation and demolition expert, and role model. The eccentric 45-year-old CEO of a recycling services company in Jiangsu Province, China recently made headlines in an assortment of matters, such as his plans to buy a stake in The New York Times (which he eventually shelved). However, his buying spree is nothing compared to his taste in business card design.

He donated more than $20 million in cash and equipment to help in the rescue effort following the Sichuan Earthquake of 2008. He also bought replacement cars for 43 owners, whose cars were damaged in protests over the Diaoyu/Senkaku Islands dispute. Don’t forget the time when he crushed a Mercedes-Benz as his way of endorsing alternative modes of transportation.